Bitcoin Update 8 December 2025
Xmas rally incoming. Maybe..
A third attempt to breach the buy zone, down to 75k, looks to have bounced off support. There’s downtrend resistance right here at 91.5k and then price needs to get over 94.1k for a run at 96.5k, the big target.
2 weeks from Christmas and players are short risk assets, especially Bitcoin. We’re expecting a rally, possibly even a big one, as positions are squared for the holidays and new year.
We’re square, apart from a very long-term hodl position. There are opposing forces that keep Bitcoin neutral for us in the next year.